Reetech International Cargourier (BOM:543617) Days Sales Outstanding : 21.43 (As of Mar. 2024)

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What is Reetech International Cargourier Days Sales Outstanding?

Reetech International Cargourier's average Accounts Receivable for the six months ended in Mar. 2024 was ₹23.4 Mil. Reetech International Cargourier's Revenue for the six months ended in Mar. 2024 was ₹198.9 Mil. Hence, Reetech International Cargourier's Days Sales Outstanding for the six months ended in Mar. 2024 was 21.43.

The historical rank and industry rank for Reetech International Cargourier's Days Sales Outstanding or its related term are showing as below:

BOM:543617' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.18 Med: 17.48 Max: 34.62
Current: 32.78

During the past 5 years, Reetech International Cargourier's highest Days Sales Outstanding was 34.62. The lowest was 5.18. And the median was 17.48.

BOM:543617's Days Sales Outstanding is ranked better than
69.7% of 594 companies
in the Steel industry
Industry Median: 49.315 vs BOM:543617: 32.78

Reetech International Cargourier's Days Sales Outstanding increased from Mar. 2023 (8.45) to Mar. 2024 (21.43).

Reetech International Cargourier Days Sales Outstanding Historical Data

The historical data trend for Reetech International Cargourier's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Reetech International Cargourier Days Sales Outstanding Chart

Reetech International Cargourier Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

29.48

5.18

5.48

34.62

Reetech International Cargourier Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	3.32	8.45	53.99	21.43

Competitive Comparison of Reetech International Cargourier's Days Sales Outstanding

For the Coking Coal subindustry, Reetech International Cargourier's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Reetech International Cargourier's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Reetech International Cargourier's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reetech International Cargourier's Days Sales Outstanding falls into.

Reetech International Cargourier Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Reetech International Cargourier's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (32.174	+	23.35)	/	2 )	/	292.732	*	365
=	27.762					/	292.732	*	365
=	34.62

Reetech International Cargourier's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (23.35	+	23.35)	/	2 )	/	198.893	*	365 / 2
=	23.35					/	198.893	*	365 / 2
=	21.43

Reetech International Cargourier (BOM:543617) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Reetech International Cargourier Days Sales Outstanding Related Terms

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Reetech International Cargourier (BOM:543617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sai Kunj Civil Lines, Raipur, CT, IND, 492001

Website

https://www.reetechinternational.com

Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

Reetech International Cargourier (BOM:543617) Headlines

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